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  <title>Demystifying Trusts and what you need to do NOW</title>
  <description>Most of my clients are confused, frustrated and frankly misled on this involved topic. Attorneys have the tendency to want to show the breadth of their knowledge and that is a big disservice to individuals trying to navigate all the options and features available in this broad topic of Trusts. This is a really important topic that many families put off unnecessarily and take big financial risk in doing so - listen in and let's take this worry off the table with concrete steps you can easily take. &amp;amp;nbsp; Highlights   1% of financial advisors struggle with trust knowledge.   Types of trusts.   Three key aspects of trusts.   Revocable vs irrevocable trusts.   Purpose of revocable living trusts.   Avoiding probate with a trust.   Control from the grave.   When a trust becomes irrevocable.   Importance of asset protection.   Tax implications of irrevocable trusts.   The role of domestic asset protection trusts.   Income tax implications for trusts.   &amp;amp;nbsp; Links and Resources from this Episode   Connect with Gary Pinkerton   https://www.paradigmlife.net/&amp;amp;nbsp;   gpinkerton@paradigmlife.net   https://garypinkerton.com/&amp;amp;nbsp;   https://clientportal.paradigmlife.net/WealthView360&amp;amp;nbsp;   &amp;amp;nbsp; Review, Subscribe and Share If you like what you hear please leave a review by clicking here &amp;amp;nbsp; Make sure you’re subscribed to the podcast so you get the latest episodes.   Subscribe with Apple Podcasts   Follow on Audible   Subscribe with  Listen Notes   Subscribe with RSS   &amp;amp;nbsp; </description>
  <author_name>Gary's Gulch</author_name>
  <author_url>https://paradigmlife.net/about/gary-pinkerton</author_url>
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